TAM Orders 2 Boeing 777-300ERs

TAM Airlines has ordered two additional Boeing 777-300ERs (extended range) with two purchase rights.

The order, valued at approximately $568 million at current list prices, brings the total number of 777s TAM has on order to 12.

"The Brazilian aviation market continues to grow at a rapid pace. The 777-300ER provides us the performance and versatility we need to develop our network competitively and capitalize on robust international traffic growth," added Libano Barroso, chief executive officer, TAM Airlines.

The Boeing 777-300ER can seat up to 365 passengers in a three-class configuration and has a maximum range of 7,930 nautical miles (14,685 km).

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